Hollysys (HOLI) Gets Non-Safety Automation, Control Products Order from China Techenery
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Hollysys Automation Technologies, Ltd. (Nasdaq: HOLI) has received a purchase order from China Techenery Co., Ltd. (CTEC), to supply its proprietary non-safety automation and control products to #3 reactor of Yangjiang Nuclear Power Station, valued at approximately USD $1.8 million, or RMB 11.5 million. This is the first batch of a series of purchase orders to be granted to Hollysys for #3 reactor project of Yangjiang Nuclear Power Station.
The Yangjiang nuclear power station in Guangdong province is funded and constructed by a consortium of power corporations led by China Guangdong Nuclear Power Holding Co. (CGNPC), and designed to have six one-gig watt (GW) pressurized water reactors using CGNPC's proprietary CPR-1000 technology.
The Yangjiang nuclear power station in Guangdong province is funded and constructed by a consortium of power corporations led by China Guangdong Nuclear Power Holding Co. (CGNPC), and designed to have six one-gig watt (GW) pressurized water reactors using CGNPC's proprietary CPR-1000 technology.
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